217 Chipmunk StKings BeachCA96143
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kings Beach at 217 Chipmunk St, Kings Beach, CA, 96143 priced at $399,000 converts $2,228/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,228/mo. Return on cash invested prints 17.73% in year one, and rental yield reads 6.7% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 91.15% and total cumulative return in cash sums $120,566. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1936
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96143, Kings Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 584 (24.2%) |
| Renter Occupied HU | 822 (34.0%) |
| Vacant Housing Units | 1,011 (41.8%) |
| Median Home Value | $855,590 |
| Average Home Value | $997,179 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
126
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Listed by: Tobin Baird • COMPASS
Mls Name: TSMLS
Mls ID: #20252347